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Square Inc. To Go Carbon Neutral in Its Bitcoin Operations by 2030

Square Inc. To Go Carbon Neutral in Its Bitcoin Operations by 2030

Jack Dorsey’s payment company Square Inc. has laid out plans to go carbon neutral bordering on all Bitcoin and operational aspects by 2030.

CFTC Commissioner Clarifies the Agency's Sweeping Rights to Regulate Crypto Derivatives

CFTC Commissioner Clarifies the Agency's Sweeping Rights to Regulate Crypto Derivatives

CFTC Commissioner Dawn D. Stump has given several clarifications that show the agency has powers to regulate cryptocurrencies.

Facebook Libra: The Latest Crypto Used in Illegal Financial Activities?

Facebook Libra: The Latest Crypto Used in Illegal Financial Activities?

“With the evolution of virtual currencies and new marketplaces, nefarious actors are continuously adapting to find new ways to engage in illegal financial activity.” said U.S. Representatives Emanuel Cleaver, during the briefing with Financial Crimes Enforcement Network (FinCEN) on 27 June.

Uber’s Former Security Chief Charged for Using $100K Bitcoin Hush Payment to Hide Data Breach

Uber’s Former Security Chief Charged for Using $100K Bitcoin Hush Payment to Hide Data Breach

Former Chief Security Officer at Uber, Joseph Sullivan, has been charged with allegedly paying $100K in Bitcoin to hackers to cover up a company data breach.

Leaked FinCEN Files: $137M Linked to Crypto Ponzi Scam OneCoin Laundered Through Bank of New York Mellon

Leaked FinCEN Files: $137M Linked to Crypto Ponzi Scam OneCoin Laundered Through Bank of New York Mellon

A leaked trove of US official documents revealed that five major banks were involved in illicit transactions pertaining to mobsters and crypto Ponzi schemes.

US Treasury Fines Bittrex Exchange $29m for Multi-Year Sanctions Violation

US Treasury Fines Bittrex Exchange $29m for Multi-Year Sanctions Violation

The United States Treasury Department through the Office of Foreign Assets Control (OFAC) and the Financial Crimes Enforcement Network (FinCEN) has fined Bittrex $29 million due to failure to prevent individuals in sanctioned jurisdictions from using its platform.

SEC Makes ICO Token Sales More Inclusive, Not Enough For SEC Commissioner Hester Peirce

SEC Makes ICO Token Sales More Inclusive, Not Enough For SEC Commissioner Hester Peirce

The US SEC has modernized their definition of an 'accredited investor' to consider not just an individual’s wealth, but their education.

FinCEN Director Kenneth Blanco Warns Banks to Take Crypto AML Seriously

FinCEN Director Kenneth Blanco Warns Banks to Take Crypto AML Seriously

Kenneth Blanco, the Director of the FinCEN warned banks to seriously consider how virtual currencies should fit into their anti-money laundering (AML) policies.

President Biden Freezes Mnuchin's Controversial Proposed Regulation on Unhosted Crypto Wallets

President Biden Freezes Mnuchin's Controversial Proposed Regulation on Unhosted Crypto Wallets

FinCEN’s controversial regulation proposal on “unhosted” crypto wallet has been effectively frozen by President Joe Biden as his administration takes office today.

First Bitcoin Mixer Slapped with $60M Fine by FinCEN in Money Laundering Crackdown

First Bitcoin Mixer Slapped with $60M Fine by FinCEN in Money Laundering Crackdown

FinCEN charged a Bitcoin-mixing operator with a $60 million civil money penalty for violating anti-money laundering regulations.

FinCEN Proposes Cryptocurrency Guidelines to Fight Money Laundering and Regulate Unhosted Wallets

FinCEN Proposes Cryptocurrency Guidelines to Fight Money Laundering and Regulate Unhosted Wallets

The Financial Crimes Enforcement Network (FinCEN) has proposed regulatory measures for businesses operating with cryptocurrencies, such as exchanges.

Director of FinCEN Affirms That Cryptocurrency Industry Is in Line With Agency Regulations

Director of FinCEN Affirms That Cryptocurrency Industry Is in Line With Agency Regulations

The director of FinCEN (Financial Crimes Enforcement Network) Kenneth. A Blanco believes that the cryptocurrency industry is starting to fall in place with the agency’s regulations on money transmission services.

Authorities Uncover Illegal Bitcoin Mining Farm In Kyrgyzstan

Authorities Uncover Illegal Bitcoin Mining Farm In Kyrgyzstan

Federal authorities have uncovered a large illegal Bitcoin mining site in Kyrgyzstan in the territory of the Bishkek Free Economic Zone.

CFTC Chairman Calls For Principle-Based Not Rules-Based Regulation For Crypto

CFTC Chairman Calls For Principle-Based Not Rules-Based Regulation For Crypto

Commodity Futures Trading Commission (CFTC) Chairman Heath Tarbert has stated his preference for the financial governance to be principle based rather than a strictly enforced set of rules. This extends to cryptocurrency and digital assets.

BitMEX Agrees to Pay $100M in Settlements to the CFTC of the US

BitMEX Agrees to Pay $100M in Settlements to the CFTC of the US

BitMEX has reached a settlement with the CFTC and FinCEN on charges bordering on illegal exchange operation.

Crypto Leaders Praise United States SEC Inclusive Accredited Investor Definition, Some Think Its Not Enough

Crypto Leaders Praise United States SEC Inclusive Accredited Investor Definition, Some Think Its Not Enough

Is the SEC's new accredited investor rule inclusive enough? Crypto industry leaders debate.

China's Hainan Province Cautions Citizens Against Illegal Crypto Trading

China's Hainan Province Cautions Citizens Against Illegal Crypto Trading

China's Hainan Province has banned illegal crypto offerings, upholding the country's early ban on digital currency-related activities.

Heads of SEC, CFTC and FinCEN Jointly Warn Crypto Industry to Follow Regulations

Heads of SEC, CFTC and FinCEN Jointly Warn Crypto Industry to Follow Regulations

The heads of the three major US financial regulators have issued a joint statement warning the cryptocurrency industry to adhere to banking regulations in the development of digital assets.

FinCEN's Proposed Crypto Rule Does Not “Follow Proper Procedure”- Coinbase CEO

FinCEN's Proposed Crypto Rule Does Not “Follow Proper Procedure”- Coinbase CEO

Coinbase CEO Brian Armstrong criticized the FinCEN's proposed regulatory procedure for cryptocurrencies, calling it ill-advised.

Circle CEO: Treasury’s Crypto Wallet Rule is a Potential Next Level of Financial Surveillance Never Seen Before

Circle CEO: Treasury’s Crypto Wallet Rule is a Potential Next Level of Financial Surveillance Never Seen Before

Circle's CEO said that the proposed rule introduces a “potential for a level of financial surveillance that goes beyond anything...

FinCEN Warns Social Media Companies Involved in Crypto to be Vigilant Regarding Illicit Transactions

FinCEN Warns Social Media Companies Involved in Crypto to be Vigilant Regarding Illicit Transactions

The Financial Crimes Enforcement Network (FinCEN) has urged social media and messaging companies that are working with on cryptocurrencies to be vigilant about illegal transactions.

Blockchain Security Firm Files Patent for Ransomware Solution EB Drive

Blockchain Security Firm Files Patent for Ransomware Solution EB Drive

Blockchain networking company Everything Blockchain, Inc. applies for a patent for its Blockchain drive (EB Drive).

Blockchain Experts Discuss: Will Blockchain Be the Missing Piece to Financial Inclusion?

Blockchain Experts Discuss: Will Blockchain Be the Missing Piece to Financial Inclusion?

The Singapore Fintech Festival rounded up blockchain discussions on the last day of the festival, focusing on one of the main themes of the event, financial inclusion.

Luxury Car Purchases by Crypto Doubled to $12m in 2021, Says AutoCoinCars Executive

Luxury Car Purchases by Crypto Doubled to $12m in 2021, Says AutoCoinCars Executive

The number of customers worldwide using cryptocurrencies to buy vehicles has significantly increased. An executive of AutoCoinCars has seen sales on its platform double to $12 million in 2021.

EPC Blockchain among 16 Startups Selected to Join EY Incubator

EPC Blockchain among 16 Startups Selected to Join EY Incubator

Big four accounting firm Ernst & Young (EY) has selected 16 early-stage startups to join its EY Foundry Cohort 5 program to propel disruptive solutions in four areas.

Shopify Becomes Member of the Libra Association

Shopify Becomes Member of the Libra Association

Canadian-based e-commerce giant Shopify has announced it will become the latest member of the Libra Association's governing council.

Ethereum 2.0 Rival Raises $21.6M Round Led by Andreessen Horowitz for Web-Scale Decentralized Application Platform

Ethereum 2.0 Rival Raises $21.6M Round Led by Andreessen Horowitz for Web-Scale Decentralized Application Platform

Decentralized applications startup Near Inc announced $21.6 million tokens raised led by venture capital firm Andreessen Horowitz (a16z). Joined by other investment firms, including Libertus, Animal Ventures, Notation Capital, Blockchange, Pantera Capital, and Distribution Global, the token sale is the network’s second funding, following a $12.1 million round last July.

Fasset to Drive Financial Inclusion in Indonesia with Mastercard

Fasset to Drive Financial Inclusion in Indonesia with Mastercard

Digital assets-based fintech startup Fasset Technologies has partnered with payments giant Mastercard to drive financial inclusion in Indonesia.

Apple Seeks Crypto Talents In Charge Of Alternative Payments Business

Apple Seeks Crypto Talents In Charge Of Alternative Payments Business

Apple Inc. is on the hunt to hire a business development manager with crypto experience in the alternative payment business.

Blockchain-based Agricultural Startup Plans to Unite the Coffee Industry of Honduras

Blockchain-based Agricultural Startup Plans to Unite the Coffee Industry of Honduras

GrainChain being an agricultural start up backed up by Medici Ventures and has shown some prospects so far, plans to bring together the coffee industry of Honduras.

Credit Giant MasterCard Grants Wirex First Principal Membership License

Credit Giant MasterCard Grants Wirex First Principal Membership License

Wirex has become the first native cryptocurrency platform to be granted a principal membership license from credit giant Mastercard as part of their accelerated expansion into digital assets.

India’s Telangana State Keeps the Ball Rolling with Blockchain-Centered Incubator

India’s Telangana State Keeps the Ball Rolling with Blockchain-Centered Incubator

The administration of Telangana, a Southern Indian State, has announced the setting up of an incubator meant for startups in the blockchain technology field

Investment Funds for 2020 | Index Funds Centralized Decentralized and the Blockchain

Investment Funds for 2020 | Index Funds Centralized Decentralized and the Blockchain

On the outset, this article has been written to put in perspective Index Funds as we know them, which new kind of Index Funds are developing with Cryptocurrencies (Digital Assets) and what developments are taking place in the Global Capital Markets with Blockchain developments.

Stellar Lumens: FinCEN Regulatory Proposal May Have “Far-Reaching Consequences for Blockchain and Crypto”

Stellar Lumens: FinCEN Regulatory Proposal May Have “Far-Reaching Consequences for Blockchain and Crypto”

Much like many in the blockchain and cryptocurrency industry, Stellar Lumens has taken up FinCEN on its request for comment for its proposed crypto rule.

Coincover Sets Eyes on Crypto-based Insurance Service

Coincover Sets Eyes on Crypto-based Insurance Service

Coincover, a Cardiff based start-up in the United Kingdom, has gone a notch higher by introducing a crypto-based insurance service. The primary objective of this move is deterring asset loss and theft in the cryptocurrency space.

Arbitrum Proposes 75 Million ARB Short-Term Incentive Program

Arbitrum Proposes 75 Million ARB Short-Term Incentive Program

Arbitrum ($ARB) Incentives Working Group proposes a Short-Term Incentive Program to distribute 75 million ARB tokens from DAO-funded incentives to active protocols on the Arbitrum network. The program aims to support network growth, experiment with incentive strategies, find new grant models, and collect incentive data for future programs.

Decentralized Exchange dYdX Proposes $20M Incentive Program for v4 Launch

Decentralized Exchange dYdX Proposes $20M Incentive Program for v4 Launch

Chaos Labs proposes a $20M, 6-month Launch Incentives Program for the transition to dYdX v4. The initiative aims to facilitate user and volume migration to the new dYdX Chain, with a robust pre-launch and post-launch strategy. Governance proposals will guide the distribution of DYDX rewards, maintaining transparency and community oversight throughout the program.

South Korea Advances CBDC Pilot Project: Jeju, Busan, and Incheon Selected as Test Regions

South Korea Advances CBDC Pilot Project: Jeju, Busan, and Incheon Selected as Test Regions

South Korea selects Jeju, Busan, and Incheon for its CBDC pilot project, excluding Seoul. The Bank of Korea aims to test digital currency issuance and distribution.

Helium Farm's New Mining Plans Promise Lucrative HNT Returns in 2024

Helium Farm's New Mining Plans Promise Lucrative HNT Returns in 2024

Helium Farm unveils three innovative mining plans in 2024, promising attractive returns on HNT. Offering robust services and global reach, the plans are a blend of profitability and security for investors

Ripple and Onafriq Forge Alliance for Blockchain-Enabled Payments in Africa

Ripple and Onafriq Forge Alliance for Blockchain-Enabled Payments in Africa

Ripple and Onafriq are collaborating to introduce blockchain-powered cross-border payments, aiming to improve transaction efficiency and financial inclusion in Africa, the GCC, the UK, and Australia.

Canaan Inc. Secures Major Order for Avalon Miner A1566 from Cipher Mining

Canaan Inc. Secures Major Order for Avalon Miner A1566 from Cipher Mining

Canaan Inc. announces significant purchase order from Cipher Mining for Avalon Miner A1566 units.

Ripple (XRP)'s 2023 Impact Report: Financial Inclusion and Climate Resilience

Ripple (XRP)'s 2023 Impact Report: Financial Inclusion and Climate Resilience

Ripple (XRP)'s 2023 Impact Report highlights strides in financial inclusion, blockchain research, and sustainability initiatives.

Canaan Unveils Immersion Cooling Avalon Miner A1566I at Mining Disrupt 2024

Canaan Unveils Immersion Cooling Avalon Miner A1566I at Mining Disrupt 2024

Canaan Inc. launches the Avalon Immersion Cooling Miner A1566I at Mining Disrupt 2024, featuring enhanced efficiency and innovative design.

Sui Bridge Testnet Incentive Program Nears Conclusion

Sui Bridge Testnet Incentive Program Nears Conclusion

The Sui Bridge incentivized testnet phase ends on July 8th, urging participants to complete required actions for rewards.

GitHub Reports Two Incidents in June 2024 Affecting Service Performance

GitHub Reports Two Incidents in June 2024 Affecting Service Performance

GitHub's June 2024 report details two incidents causing degraded performance, impacting Issues and Migration services.

HKMA Reports HK$104 Billion Investment Income for Exchange Fund at Mid-2024

HKMA Reports HK$104 Billion Investment Income for Exchange Fund at Mid-2024

The Hong Kong Monetary Authority (HKMA) announces the Exchange Fund's HK$104 billion investment income for the first half of 2024.

Tether (USDT) Commits $3M to Kem for Financial Inclusion in the Middle East

Tether (USDT) Commits $3M to Kem for Financial Inclusion in the Middle East

Tether invests $3 million in Kem to boost financial inclusion and USD₮ adoption in the Middle East, targeting improved economic conditions and access to financial services.

GitHub Reports Four Major Incidents Affecting Services in July 2024

GitHub Reports Four Major Incidents Affecting Services in July 2024

GitHub experienced four significant service disruptions in July 2024, affecting Webhooks, Copilot, and Actions. Learn more about the incidents and mitigation steps.

Canaan Inc. to Participate in Rosenblatt's Technology Summit on AI and Bitcoin Mining

Canaan Inc. to Participate in Rosenblatt's Technology Summit on AI and Bitcoin Mining

Canaan Inc. announces participation in Rosenblatt's 4th Annual Technology Summit, focusing on AI and Bitcoin mining ASICs.

Canaan Inc. (CAN) to Release Q2 2024 Financial Results on August 15

Canaan Inc. (CAN) to Release Q2 2024 Financial Results on August 15

Canaan Inc. (NASDAQ: CAN) will report its Q2 2024 financial results on August 15, 2024, before the U.S. market opens, according to PRNewswire.

Canaan Inc. (CAN) Reports Strong Q2 2024 Financial Results

Canaan Inc. (CAN) Reports Strong Q2 2024 Financial Results

Canaan Inc. (NASDAQ: CAN) reports robust Q2 2024 financial results with significant revenue growth and improved profitability.

Canaan Inc. to Join Macquarie's 15th Annual ASEAN Conference

Canaan Inc. to Join Macquarie's 15th Annual ASEAN Conference

Canaan Inc. (NASDAQ: CAN) will participate in Macquarie's 15th Annual ASEAN Conference on August 27-28, 2024, hosting one-on-one meetings with institutional investors.

Rahat’s Rumee Singh Enhances Financial Resilience with Blockchain

Rahat’s Rumee Singh Enhances Financial Resilience with Blockchain

Rahat, led by Rumee Singh, leverages blockchain technology to support financially vulnerable populations globally, winning accolades and grants.

BNB Chain Launches $300,000 TVL#4 Incentive Program to Boost DeFi Ecosystem

BNB Chain Launches $300,000 TVL#4 Incentive Program to Boost DeFi Ecosystem

BNB Chain has unveiled a $300,000 TVL#4 Incentive Program to foster DeFi growth. Projects can compete in staking and TVL challenges.

Canaan Inc. to Join Benchmark's 11th Annual TMT Conference in NYC

Canaan Inc. to Join Benchmark's 11th Annual TMT Conference in NYC

Canaan Inc. (NASDAQ: CAN) will participate in Benchmark's 11th Annual TMT One-on-One Conference in New York City on September 4, 2024.

Canaan Inc. to Join 4th Annual Needham Virtual Crypto Conference

Canaan Inc. to Join 4th Annual Needham Virtual Crypto Conference

Canaan Inc. (NASDAQ: CAN) will participate in the 4th Annual Needham Virtual Crypto Conference on September 5, 2024, featuring a presentation and investor meetings.

Canaan Inc. to Join H.C. Wainwright Global Investment Conference 2024

Canaan Inc. to Join H.C. Wainwright Global Investment Conference 2024

Canaan Inc. (NASDAQ: CAN) announces participation in H.C. Wainwright's 26th Annual Global Investment Conference on September 9-11, 2024.

EigenLayer Unveils Programmatic Incentives v1 to Reward Stakers and Operators

EigenLayer Unveils Programmatic Incentives v1 to Reward Stakers and Operators

EigenLayer announces Programmatic Incentives v1, providing EIGEN rewards to stakers and operators. The incentives start in October 2024, retroactive to August 2024.

Tether (USDT) Invests $1.5 Million in Sorted Wallet to Boost Financial Inclusion

Tether (USDT) Invests $1.5 Million in Sorted Wallet to Boost Financial Inclusion

Tether invests $1.5M in Sorted Wallet to enhance financial inclusion in emerging markets, focusing on Africa and Southern Asia.

NVIDIA Joins U.S. Government's Global AI Inclusivity Initiative

NVIDIA Joins U.S. Government's Global AI Inclusivity Initiative

NVIDIA partners with U.S. government to launch the Partnership for Global Inclusivity on AI, providing training, GPU credits, and grants to developing countries.

OFAC Sanctions Russian Exchange Cryptex and Facilitator UAPS, FinCEN Targets PM2BTC

OFAC Sanctions Russian Exchange Cryptex and Facilitator UAPS, FinCEN Targets PM2BTC

The U.S. Treasury's OFAC designates Russian exchange Cryptex and facilitator UAPS, while FinCEN names PM2BTC a primary money laundering concern.

Canaan Inc. Secures $50 Million in Final Tranche of Preferred Shares Financing

Canaan Inc. Secures $50 Million in Final Tranche of Preferred Shares Financing

Canaan Inc. has completed its third and final tranche of preferred shares financing, raising $50 million to expand its North American self-mining operations.

Bitcoin: The Progressive's Dream Financial Product

Bitcoin: The Progressive's Dream Financial Product

Pantera Capital outlines why Bitcoin embodies the ideal financial inclusion product, emphasizing its borderless, permissionless, and cost-effective features.

Exploring Income Investment Opportunities with VanEck ETFs

Exploring Income Investment Opportunities with VanEck ETFs

Discover VanEck's diverse range of income-focused ETFs, offering strategic opportunities across various market segments, including CLOs, high-yield bonds, and mortgage REITs.

GitHub's 2024 Initiatives for Diversity and Inclusion Highlight Global Impact

GitHub's 2024 Initiatives for Diversity and Inclusion Highlight Global Impact

GitHub emphasizes diversity and inclusion in 2024, focusing on ethical AI, open source education in Africa, and workforce diversity, according to The GitHub Blog.

Canaan Inc. Secures Major Order from CleanSpark for Bitcoin Mining Equipment

Canaan Inc. Secures Major Order from CleanSpark for Bitcoin Mining Equipment

Canaan Inc. has announced a significant deal with CleanSpark, supplying 3800 Avalon A1566I miners to bolster CleanSpark's immersion mining operations, enhancing efficiency.

GitHub Faces Performance Challenges Due to DNS Incident in October 2024

GitHub Faces Performance Challenges Due to DNS Incident in October 2024

GitHub experienced a significant performance issue in October 2024, affecting DNS infrastructure and impacting services like Copilot and Actions workflows.

Canaan Inc. (CAN) to Announce Q3 2024 Financial Results on November 20

Canaan Inc. (CAN) to Announce Q3 2024 Financial Results on November 20

Canaan Inc. is set to release its third-quarter 2024 financial results on November 20, 2024, followed by a conference call to discuss the outcomes.

Canaan Inc. (CAN) Secures Securities Purchase Agreement for North American Expansion

Canaan Inc. (CAN) Secures Securities Purchase Agreement for North American Expansion

Canaan Inc. has finalized a securities purchase agreement to bolster its digital mining operations and equipment production in North America, securing investment from a key institutional partner.

Canaan Inc. Expands Bitcoin Mining Operations in North America

Canaan Inc. Expands Bitcoin Mining Operations in North America

Canaan Inc. strengthens its North American presence with expanded Bitcoin mining operations in Texas and Pennsylvania, aiming for a 10 EH/s capacity by mid-2025.

Canaan Inc. Expands Partnership with HIVE Through New Order of 5,000 Avalon Miners

Canaan Inc. Expands Partnership with HIVE Through New Order of 5,000 Avalon Miners

Canaan Inc. has secured a follow-on order from HIVE for 5,000 Avalon A15-194T miners, enhancing their collaboration in Bitcoin mining operations.

Canaan Inc. (CAN) Registers 120% YoY Revenue Increase in Q3 2024

Canaan Inc. (CAN) Registers 120% YoY Revenue Increase in Q3 2024

Canaan Inc. (NASDAQ: CAN) reports a significant 120.9% year-over-year revenue increase for Q3 2024. The company sold 7.3 million Thash/s computing power, despite a challenging market.

Canaan Inc. Secures $30 Million in Series A-1 Financing

Canaan Inc. Secures $30 Million in Series A-1 Financing

Canaan Inc. successfully concludes its Series A-1 preferred shares financing, raising $30 million. The deal involves issuing 30,000 convertible preferred shares to an institutional investor.

Scroll's 2024 Agenda: Lower Costs, Enhanced Security, and Increased Decentralization

Scroll's 2024 Agenda: Lower Costs, Enhanced Security, and Increased Decentralization

In 2024, Scroll plans to make blockchain technology more accessible, secure, and decentralized. The company will reduce operational costs by 50%, integrate data compression techniques, and implement 4844 data blobs. It will also enhance compatibility with Ethereum Improvement Proposals and SHA256 precompile.

IMF Emphasizes Digitalization in Financial Inclusion Agenda

IMF Emphasizes Digitalization in Financial Inclusion Agenda

IMF Managing Director Kristalina Georgieva emphasizes the role of digitalization in expanding financial inclusion. She calls for a balanced approach that includes regulation to ensure financial stability. The IMF has also been active in digital finance, recently presenting a crypto-risk assessment tool.

NFT Market Sees Upward Trend with Steady Increase in Weekly Ethereum Volumes

NFT Market Sees Upward Trend with Steady Increase in Weekly Ethereum Volumes

The NFT market has seen a significant recovery, with weekly Ethereum volumes increasing from 29,704 ETH to 68,342 ETH, with marketplaces like Blur and BAYC experiencing high trade activity.

BlockFi's Collapse Tied to Ignored Risks with FTX and Alameda Research

BlockFi's Collapse Tied to Ignored Risks with FTX and Alameda Research

BlockFi's collapse tied to ignored risk warnings and flawed business practices, reveals a court filing. CEO Zac Prince allegedly dismissed concerns over high-risk loans to Alameda Research.

The Number of Crypto-Related Enforcement Actions in the United States Grows

The Number of Crypto-Related Enforcement Actions in the United States Grows

Blockchain risk monitoring business Solidus Labs predicts a significant rise in US federal and state enforcement actions in 2022.

Block's AUD$3M Investment Boosts Indigenous Business Sector in Australia

Block's AUD$3M Investment Boosts Indigenous Business Sector in Australia

Block Inc. invests AUD$3 million in First Australians Capital's new fund, supporting Indigenous businesses in Australia, aiming to empower entrepreneurs, foster economic growth, and create community wealth.

KuCoin Labs Rolls Out Incubation Program with Univers Network to Boost Web3 Exploration

KuCoin Labs Rolls Out Incubation Program with Univers Network to Boost Web3 Exploration

KuCoin Labs, the incubation and investment arm of crypto exchange KuCoin, has launched an incubation program with Univers Network to aid the exploration of the Web3 space.

Fonbnk and Tanda Partner to Launch Airtime Trading Marketplace in East Africa

Fonbnk and Tanda Partner to Launch Airtime Trading Marketplace in East Africa

Fonbnk and Tanda have partnered to launch an airtime trading marketplace in East Africa, allowing micro-entrepreneurs to earn revenue and store their profits in dollarized stablecoins. The partnership increases liquidity in the marketplace through the buying and selling of prepaid airtime for profit, providing more earning opportunities and creating a growth flywheel effect through improved liquidity and marketplace efficiency.

Global Microfinance Market Projected to Reach $506 Billion by 2030

Global Microfinance Market Projected to Reach $506 Billion by 2030

The global microfinance market, valued at $200 billion in 2022, is expected to grow to $506 billion by 2030, according to a new report by ResearchAndMarkets.com. The market is set to expand at a CAGR of 12.3% from 2022 to 2030. Microenterprises are identified as a vital growth driver for Microfinance Institutions (MFIs). The report also highlights the role of emerging technologies like AI and blockchain in shaping the industry.

Crypto Trading Income eToro Spikes to $264 Million in Q2

Crypto Trading Income eToro Spikes to $264 Million in Q2

eToro has posted a massive increase in cryptocurrency income that accounts for 73% for its entire trading commissions in the second quarter 2021. The company’s latest financial results provide more evidence that the cryptocurrency boom is more than just hype.

Binance Labs Launches Season 7 of Incubation Program for Web3 Innovators

Binance Labs Launches Season 7 of Incubation Program for Web3 Innovators

Binance Labs invites early-stage Web3 founders to apply for Season 7 of its Incubation Program, offering tailored mentorship and resources.

FinCEN Issues Alert to Counter Financing to Hamas and its Terrorist Activities

FinCEN Issues Alert to Counter Financing to Hamas and its Terrorist Activities

The Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of the Treasury has issued an alert to financial institutions, urging vigilance in identifying and reporting suspicious activities related to the financing of the terrorist organization Hamas. The alert comes in the wake of a Hamas-led attack on Israel on October 7, 2023, which was funded through various means, including virtual currency.

NBG Georgia Shortlists Ripple Among Tech Firms for CBDC Pilot

NBG Georgia Shortlists Ripple Among Tech Firms for CBDC Pilot

The National Bank of Georgia progresses with its Digital GEL Pilot Project, focusing on the exploration of Central Bank Digital Currency (CBDC) technology. Nine technology firms, including Ripple Labs, Inc., have been shortlisted for potential collaboration. The initiative mirrors global trends in modernizing financial infrastructures to meet the digital economy's evolving demands.

China's Guangdong Province Aims to Lead in Quality and Innovation by Embracing Blockchain and AI Technologies

China's Guangdong Province Aims to Lead in Quality and Innovation by Embracing Blockchain and AI Technologies

In a recent move, the Guangdong Provincial Party Committee and Provincial Government have issued the "Outline for Building Guangdong Province as a Strong Quality-driven Province," outlining their vision to enhance the leading role of industrial clusters in terms of quality.

US Federal Prosecutors Investigate Block Inc. for Compliance Violations

US Federal Prosecutors Investigate Block Inc. for Compliance Violations

US federal prosecutors are conducting an investigation into Block Inc., the fintech company founded by Twitter co-founder Jack Dorsey. The investigation follows allegations of compliance violations at Block's payment arms, Square and Cash App. A whistleblower has provided documents showing that Block processed transactions for users in countries subject to economic sanctions and facilitated crypto transactions for terrorist groups. The company is accused of failing to address these breaches despite being alerted to them.

Coin Center Questions Tornado Cash Indictments in Light of FinCEN Guidance

Coin Center Questions Tornado Cash Indictments in Light of FinCEN Guidance

The US Office of Foreign Asset Control accused former Tornado Cash creators Roman Storm and Roman Semenov for conspiracy to run an unauthorised money-transmitting company. The crypto community worries about the indictment's FinCEN compliance. Peter Van Valkenburgh, Coin Center's research director, said Tornado Cash's tools may not classify developers as money transmitters.

Wallet of Satoshi Withdraws from the U.S. Market Amid Regulatory Challenges

Wallet of Satoshi Withdraws from the U.S. Market Amid Regulatory Challenges

Wallet of Satoshi withdraws from U.S. market, highlighting regulatory challenges faced by crypto service providers like GameStop and Binance, reflecting evolving U.S. cryptocurrency regulation landscape.

Web3 Security 2023 State Revealed, Nearly $2 Billion Lost

Web3 Security 2023 State Revealed, Nearly $2 Billion Lost

CertiK's "Hack3d: The Web3 Security Report 2023" provides a thorough analysis of Web3 security incidents in 2023, highlighting key vulnerabilities and trends in the blockchain and smart contract security landscape.

185 Blockchain Hacking Incidents with $920M Loss Reported by SlowMist in First Half of 2023

185 Blockchain Hacking Incidents with $920M Loss Reported by SlowMist in First Half of 2023

SlowMist, a renowned blockchain security firm, has recently published its mid-2023 report on Blockchain Security and Anti-Money Laundering (AML). The report offers a comprehensive overview of the current global landscape of blockchain security and AML developments.

Bots Inc Starts Accepting Dogecoin And Other Cryptocurrencies from Tesla Vehicle Buyers

Bots Inc Starts Accepting Dogecoin And Other Cryptocurrencies from Tesla Vehicle Buyers

BOTS Inc has announced that it has started allowing Tesla vehicle buyers to pay with cryptocurrencies like Dogecoin and others.

Laser Digital Secures In-Principal Approval from Abu Dhabi Global Market

Laser Digital Secures In-Principal Approval from Abu Dhabi Global Market

Laser Digital, Nomura's digital asset subsidiary, has received In-Principal Approval from Abu Dhabi Global Market's Financial Services Regulatory Authority. The approval allows the company to offer broker-dealer and asset management services in the UAE, subject to fulfilling specific conditions.

Dubai Prince's Hong Kong Office Warned by US SEC, MTR Listed as Untrustworthy

Dubai Prince's Hong Kong Office Warned by US SEC, MTR Listed as Untrustworthy

The Hong Kong office of Sheikh Ali Rashed Ali Saeed Al Maktoum, a member of the ruling family in Dubai, has received a warning from the US Securities and Exchange Commission (SEC) regarding their involvement in cryptocurrencies. Additionally, the Hong Kong subway operator, MTR Corporation, has been listed as an untrustworthy company.

Binance linked to illegal cryptocurrency platform Bitzlato

Binance linked to illegal cryptocurrency platform Bitzlato

Binance is related to Bitzlato, according to FinCEN. The obscure platform collected $206 million from darknet marketplaces, $224 million through frauds, and $9 million from ransomware perpetrators.

Uniswap Expands Mobile Footprint with Android Wallet Launch

Uniswap Expands Mobile Footprint with Android Wallet Launch

Uniswap has launched a beta version of its mobile wallet for Android on October 12, following the successful iOS app release in April. The Android wallet facilitates easier swaps on various chains without manual network switching, offers robust swap protection against frontrunning, and ensures a transparent fee structure for its users. The launch, part of a broader trend among decentralized exchanges, signifies the growing emphasis on mobile platforms in DeFi.

Texas Securities Board Issues Emergency Cease and Desist Order to Abra and CEO, William Barhydt

Texas Securities Board Issues Emergency Cease and Desist Order to Abra and CEO, William Barhydt

The Texas State Securities Board has taken decisive action against Abra by issuing an Emergency Cease and Desist Order. The order, also directed at Abra's CEO, William (Bill) Barhydt, alleges securities fraud and misleading statements in connection with Abra's digital asset depository accounts.

BNB Chain Launches $160K Incentive Program for BSC Projects in Second Phase

BNB Chain Launches $160K Incentive Program for BSC Projects in Second Phase

BNB Chain unveils Phase 2 of its TVL Incentive Program, offering a prize pool of up to $160K for BSC projects to boost ecosystem growth.

Shapella Upgrade, Privacy Concerns, Hacks, and Financial Inclusion

Shapella Upgrade, Privacy Concerns, Hacks, and Financial Inclusion

The DeFi space had a busy week with the successful completion of the Shapella upgrade on Ethereum, concerns over privacy related to staking, a major DeFi hack, and a partnership between Fonbnk and Tanda to increase financial inclusion in Africa. The top 100 DeFi tokens had a bullish week, and Glassnode predicted only a small percentage of staked ETH would be withdrawn.

BIS Survey: 93% of Central Banks Engaged in CBDCs, 15 Retail and 9 Wholesale CBDCs Expected by 2030

BIS Survey: 93% of Central Banks Engaged in CBDCs, 15 Retail and 9 Wholesale CBDCs Expected by 2030

The Bank for International Settlements (BIS) has released a survey revealing that 93% of central banks are now engaged in some form of Central Bank Digital Currency (CBDC) work, with retail CBDCs taking the lead over wholesale CBDCs.

1inch Joins Ethereum's zkSync Era for Faster DeFi Transactions

1inch Joins Ethereum's zkSync Era for Faster DeFi Transactions

1inch, a decentralized finance (DeFi) protocol, has deployed its aggregation and limit order protocols on Ethereum's zkSync Era. The move is aimed at leveraging faster and cheaper transactions on the layer-2 scaling solution.

First Digital Group Launches New Stablecoin FDUSD to Revolutionize Global Finance

First Digital Group Launches New Stablecoin FDUSD to Revolutionize Global Finance

Asia's leading trust company and qualified custodian, First Digital, is making waves in the global financial ecosystem with the announcement of its new stablecoin, First Digital USD (FDUSD)

Declining trend in physical crypto ATMs

Declining trend in physical crypto ATMs

The number of physical cryptocurrency ATMs is declining, with 3,627 removed in March 2023, according to Coin ATM Radar. The trend of increasing installations is reversing, with the highest number of machines installed in a single month being 2,048 in January 2021. The three-month-long downtrend was broken in April with 37 installations. General Bytes, BitAccess, and Genesis Coin are the current market leaders in manufacturing crypto ATMs. General Bytes faced a security incident in March and promised to reimburse customer losses.

Mitsubishi UFJ Trust Bank and Ginco Collaborate to Offer Japan's First Crypto Asset Trust Services

Mitsubishi UFJ Trust Bank and Ginco Collaborate to Offer Japan's First Crypto Asset Trust Services

Mitsubishi UFJ Trust Bank and Ginco are partnering to provide Japan's first-ever trust services for crypto assets, in line with Japan's Payment Services Act and tax reforms.

Aevo Launches Incentive Program to Boost Trading and Staking

Aevo Launches Incentive Program to Boost Trading and Staking

Aevo introduces a trading and staking incentive program, offering enhanced $AEVO earnings for active participants over a four-month period.

Worldcoin (WLD) World App Reaches 10 Million Users

Worldcoin (WLD) World App Reaches 10 Million Users

Worldcoin's World App, launched in June 2023, has over 10 million users, promoting universal basic income and sparked interest in alternative wallets within the Worldcoin ecosystem.

SEC Seeks to Freeze Binance.US Assets in Bid to Protect Customers

SEC Seeks to Freeze Binance.US Assets in Bid to Protect Customers

The Securities and Exchange Commission (SEC) has lodged an emergency action application against Binance Holdings Limited, BAM Trading Services Inc., BAM Management US Holdings, Inc., and their founder, Changpeng Zhao.

Circle's 2024 USDC Economy Report Reveals Significant Growth in Stablecoin Adoption

Circle's 2024 USDC Economy Report Reveals Significant Growth in Stablecoin Adoption

Circle's 2024 report on the USDC economy highlights significant growth in stablecoin adoption and usage, with a 59% increase in USDC wallets and over $12 trillion settled in blockchain transactions since its inception.

1inch Investment Fund Dumped 11,000 ETHs (WETHs) for Fusion Test

1inch Investment Fund Dumped 11,000 ETHs (WETHs) for Fusion Test

Ethereum address starting with 0x225d, identified as 1inch: Investment Fund, has reportedly made a substantial swap of Wrapped Ethereum (WETH) for stablecoins USDT and DAI, according to data from DeBank.

The Bitcoin mining community has experienced a 50% increase in revenue through mining

The Bitcoin mining community has experienced a 50% increase in revenue through mining

Bitcoin mining income dropped to $13.6 million on Dec. 28, 2022, putting pressure on mining businesses.

SEC Commissioner Expresses Dissent on LBRY Case Outcome

SEC Commissioner Expresses Dissent on LBRY Case Outcome

SEC Commissioner Hester M. Peirce criticizes the commission's enforcement action against blockchain firm LBRY, Inc., highlighting the case as an example of regulatory overreach that stifles innovation and fails to adequately protect investors. Amidst ongoing legal actions against crypto enterprises, Peirce's dissent underscores the need for a balanced regulatory approach to foster innovation and investor protection in the blockchain and crypto sectors.

Binance Japan Announces Launch Details, Set to Become Top Domestic Exchange with 34 Cryptocurrencies

Binance Japan Announces Launch Details, Set to Become Top Domestic Exchange with 34 Cryptocurrencies

Binance Japan announced plans to launch in August with 34 cryptocurrencies, surpassing domestic rivals. The offering includes unique features but excludes leverage trading.

GSR Secures Major Payment Institution Licence from Singapore's MAS

GSR Secures Major Payment Institution Licence from Singapore's MAS

GSR, a global cryptocurrency trading firm, has received In-Principle Approval for a Major Payment Institution licence from the Monetary Authority of Singapore (MAS). The approval allows GSR's Singapore subsidiary, GSR Markets Pte. Ltd., to better serve the cryptocurrency community. The news comes a day after Coinbase Singapore announced its full licence, highlighting the competitive yet regulated crypto landscape in Singapore.

MicroStrategy Plans to Raise $400M Of Debt to Add More Bitcoins on Its Balance Sheet

MicroStrategy Plans to Raise $400M Of Debt to Add More Bitcoins on Its Balance Sheet

MicroStrategy Inc. plans to borrow $400 million through senior secured notes from qualified institutional buyers. The company plans to use the proceeds made from the sales to purchase more Bitcoins.

Argentina's Mendoza Province Begins Accepting Tax Payments in Crypto

Argentina's Mendoza Province Begins Accepting Tax Payments in Crypto

Argentina’s province of Mendoza announced last week on Friday that it has enabled a system that allows residents to pay taxes using cryptocurrencies.

South Korea will Impose a 20% Tax on Capital Gains from Cryptocurrencies Next Year

South Korea will Impose a 20% Tax on Capital Gains from Cryptocurrencies Next Year

The South Korean administration is not relenting on its quest to levy a 20% income tax on capital gains from crypto transactions in 2022 despite growing investor concerns for the taxation plan to be delayed.

When China Yuan Sneezes, Bitcoin Wears a Mask

When China Yuan Sneezes, Bitcoin Wears a Mask

My thesis continues to be that larger accounts (i.e. whales who own > 1000 BTC) have started to liquidate (which I shared yesterday that this number have continued to decline for the past two weeks), and potentially chase/re-allocate into equities.

Arbitrum Community Pilot: Voting on the Distribution of 25 to 45 Million ARB in Long-Term Incentives

Arbitrum Community Pilot: Voting on the Distribution of 25 to 45 Million ARB in Long-Term Incentives

Arbitrum community votes on a pilot program to distribute 25 to 45 million ARB tokens as long-term incentives to protocols on its platform, aiming to enhance ecosystem growth and innovation.

Brazilian fintech giant XP Inc Launches Crypto Trading Platform XTAGE

Brazilian fintech giant XP Inc Launches Crypto Trading Platform XTAGE

Brazilian fintech giant XP Inc has announced the official launch of the XTAGE cryptocurrency trading platform in Brazil, opening the door for more than 3.6 million potential users to invest in the cryptocurrency market.

Canaan's Q4 2022 Revenue Declines by 82.1% YoY to $56.8M

Canaan's Q4 2022 Revenue Declines by 82.1% YoY to $56.8M

Canaan, a Chinese Bitcoin miner and manufacturer of ASIC mining machines, reported an 82.1% YoY revenue decline to $56.8M in Q4 2022. The company's net income swung to a $63.6M loss due to inventory write-downs and research expenses. Despite the decline in revenue, Canaan's mining revenue improved by 368.2% YoY to $10.46M.

Elon Musk Responds to Dogecoin Founder's Drastic Income Reduction

Elon Musk Responds to Dogecoin Founder's Drastic Income Reduction

Elon Musk, CEO of Tesla and SpaceX, responds to Dogecoin founder Billy Markus's decrease in social media earnings, highlighting the complexities of monetization algorithms and the fairness of revenue-sharing models, amidst increasing competition in the market.

Starknet Foundation Establishes DeFi Committee to Boost Ecosystem

Starknet Foundation Establishes DeFi Committee to Boost Ecosystem

Starknet Foundation has launched a DeFi Committee to bolster its DeFi ecosystem. Chaired by six experts, the committee will strategize and implement an on-chain liquidity incentive program, marking a strategic move for Starknet in the DeFi space.

Upbit Announces Dunamu & Partners' Digital Asset Holdings for October 2023

Upbit Announces Dunamu & Partners' Digital Asset Holdings for October 2023

Upbit discloses Dunamu & Partners' #Bitcoin holdings as of October 2023, holding 2,081.84950412 BTC with no sales transactions recorded, aligning with Upbit's transparency principle in digital asset trading.

Vitalik Buterin: Supporting Decentralized Staking through Anti-Correlation Incentives

Vitalik Buterin: Supporting Decentralized Staking through Anti-Correlation Incentives

Vitalik proposes anti-correlation incentives to promote decentralization in staking protocols, penalizing misbehaving actors and implementing them in various scenarios, backed by empirical data.

Citi to Hire 100 Staff Members for Digit Assets Expansion Drive

Citi to Hire 100 Staff Members for Digit Assets Expansion Drive

Citi Group is looking to fill 100 jobs in its digital assets team. The news comes after the bank recently launched a digital assets group as part of its effort to respond to its customer demands for crypto products.

dYdX Initiates Token Migration Following Layer-1 Blockchain Inception

dYdX Initiates Token Migration Following Layer-1 Blockchain Inception

Antonio Juliano, dYdX founder, has flagged an upcoming large-scale migration of locked $DYDX tokens to the dYdX Chain following its recent launch. This migration, strictly abiding by legal agreements, marks a significant phase in dYdX's transition to a layer-1 blockchain, amplifying the utility of DYDX tokens for staking and governance purposes.

IMF Warns of AI's Impact on Global Job Market: 40% Positions at Risk

IMF Warns of AI's Impact on Global Job Market: 40% Positions at Risk

The IMF warns that AI could impact 40% of global jobs, rising to 60% in advanced economies. This trend may exacerbate income inequality, with younger workers adapting more easily than older ones. The IMF urges comprehensive safety nets and retraining programs to mitigate the effects.

DoD Agency DARPA Taps Inca Digital to Assess Crypto Impacts

DoD Agency DARPA Taps Inca Digital to Assess Crypto Impacts

The Defense Advanced Research Projects Agency (DARPA), a division of the United States Department of Defense (DOD) has tapped Inca Digital to develop mapping tools to analyze the impacts of crypto as it concerns national security.

Payments Firm Bolt Scraps $1.5B Proposed Acquisition of Crypto Firm Wyre

Payments Firm Bolt Scraps $1.5B Proposed Acquisition of Crypto Firm Wyre

Bolt said that it has pulled out of a $1.5 billion deal to buy crypto firm Wyre amid market downturn.

Circle Formally Refutes Allegations of Illicit Financing and Connections to Justin Sun

Circle Formally Refutes Allegations of Illicit Financing and Connections to Justin Sun

Circle denies CfA's allegations of illicit financing and Justin Sun ties, emphasizing regulatory compliance and advocating for stronger stablecoin laws, as clarified by Dante Disparte.

BlackRock CEO Highlights Digital Assets and Tokenization

BlackRock CEO Highlights Digital Assets and Tokenization

Larry Fink's annual letter to BlackRock highlights the potential of digital assets and tokenization, citing advancements in digital payment solutions for financial inclusion in emerging markets.

May 31: Everyone Wants to be the Broker in Crypto

May 31: Everyone Wants to be the Broker in Crypto

BTC has managed to get into my sell zone with ETH clearly leading the charts with the triangle breakout getting quite a few technical guys excited. Contrary to this spike, 20k+ ETH Dec 120 puts traded at $8.4 yesterday. So who's gonna be right?

1INCH Sets New All-Time High as Token Launches on Coinbase Pro

1INCH Sets New All-Time High as Token Launches on Coinbase Pro

With the decentralized finance boom, many projects have emerged in the DeFi market. 1INCH stands out among them.

1inch Launches Wallet on Apple iOS App Store

1inch Launches Wallet on Apple iOS App Store

1inch, a decentralized exchange aggregator operating on both Ethereum and Binance Smart Chain, launched its wallets on Apple iOS this Tuesday.

May 26: It's Always Been There

May 26: It's Always Been There

Strategy today? With SPX e-mini futures now just shy of 20 points from 3,000 level and the highest it's traded since the March 23 crash, I expect BTC to follow. Expectedly, this recent sell off has been mostly triggered by large players (i.e. whales) trimming their positions.

1INCH Hits a New All-Time High

1INCH Hits a New All-Time High

1inch, a decentralized exchange (DEX) aggregator, today announced that 1inch Network aggregated liquidity of MDEX on Binance Smart Chain (BSC).

Jun 03: Crypto is not for the faint-hearted

Jun 03: Crypto is not for the faint-hearted

Welcome to the world of volatility. Crypto never sleeps. Bitcoin got whipsaw squeezing shorts to trade above $10,400 on Monday only to get smashed down to $9,300 with fresh longs capitulated (see chart below).

May 25: Negative Rates Eating the World (but not Crypto)

May 25: Negative Rates Eating the World (but not Crypto)

Like Chinese ADRs in the US, it's a sea of red for crypto with Bitcoin down more than 5% in the past 48 hours as it fails to hold above 9k & 8.8k where stops got triggered. No news or catalyst but the lack of bulls to follow through was evident through the volume, and perhaps over this long weekend that the usual buyers haven't been able to pile onto their longs.

Best Before: 26 June 2020

Best Before: 26 June 2020

What's going to be interesting is BTC options expiry as close to $1bn of open interest (or more than 100k BTC options) will set to expire today. Some have asked if we are gonna see any impact, I actually see little as most of the OI are skewed towards 10k and beyond, so I see little gamma action into the close as these calls are likely to expire worthless.

Hong Kong Science and Technology Park: Turning Tech Startups' Visions into Reality

Hong Kong Science and Technology Park: Turning Tech Startups' Visions into Reality

Blockchain.News sat down with Peter Mok, Head of Incubation and Acceleration Programmes, HKSTP to gain further insight into the incubation initiative and the custom-made programs, that have been designed to support technology startups, and specifically how they could be utilized by blockchain startups.

Exclusive: Access, Connectivity and Inclusion—How UNICEF Leverages Blockchain to Close the Digital Divide

Exclusive: Access, Connectivity and Inclusion—How UNICEF Leverages Blockchain to Close the Digital Divide

Christina Lomazzo is the Blockchain Lead for UNICEF’s Office of Innovation; whose work mainly involves leading the blockchain efforts at UNICEF Ventures where she heads up a diverse team of six. Together they invest in early technology prototypes that they assess and determine could have an exponential impact on UNICEF’s operations and ability to fulfill its mission across the developing world.

Mastercard VP On Blockchain, Digital Assets and CBDC: “Everything Ends in Transactions and Payments”

Mastercard VP On Blockchain, Digital Assets and CBDC: “Everything Ends in Transactions and Payments”

Ashok Venkateswaran, Mastercard’s Blockchain and Digital Assets Lead, Asia Pacific shares insights on the payment giant's new blockchain and digital initiatives.

Hong Kong with its Incredibly Unique Positioning in FinTech

Hong Kong with its Incredibly Unique Positioning in FinTech

In the second part of our interview with Peter Mok, Head of Incubation and Acceleration Programs at the Hong Kong Science and Technology Park (HKSTP), he went into detail on the initiatives they have developed to combat the global talent shortage, bring Hong Kong’s lagging Fintech industry up to speed and he tells us how blockchain startups can leverage the Hong Kong-Shenzhen Innovation and Technology Park.

Exclusive: CEX.IO - The Holistic Bitcoin Exchange Taking the US Regulatory Road Less Travelled

Exclusive: CEX.IO - The Holistic Bitcoin Exchange Taking the US Regulatory Road Less Travelled

Oleksandr Lutskevych is the Co-founder and CEO at CEX.IO LTD, a successful London-based holding company consisting of the CEX.IO Bitcoin Exchange. Established in 2013 as the first cloud mining provider, CEX.IO is a multi-functional regulated cryptocurrency exchange, registered as a Money Business Service (MSB) by US regulator FinCEN.

Bitcoin Investment in Pension Portfolio Diversifies Inflation Risk: First Digital Trust CEO

Bitcoin Investment in Pension Portfolio Diversifies Inflation Risk: First Digital Trust CEO

Blockchain.News conducted an interview analysis to examine whether adding Bitcoin to a standard pension fund portfolio has positive impact on the fund’s risk and return figures.

Electroneum CEO Richard Ells: How ETN Mass Adoption is Empowering the Unbanked

Electroneum CEO Richard Ells: How ETN Mass Adoption is Empowering the Unbanked

Electroneum is a mobile cryptocurrency that is making serious strides with mass adoption and real-world use in developing nations.

Klaytn's Governance Council: Bringing Enterprises and Institutions Together on Blockchain

Klaytn's Governance Council: Bringing Enterprises and Institutions Together on Blockchain

In part 1 of our interview with Zachary Keats of Klaytn, Kakao’s blockchain development arm, we explored Klaytn and Kakao’s dominance in the online and digital community in South Korea. Although Kakao gives Klaytn a large audience and participant pool in South Korea, what other attributes does Klaytn have that makes it an exceptional blockchain?

Twitter CEO Endorses Bitcoin For Black America

Twitter CEO Endorses Bitcoin For Black America

According to his tweet on February 23rd, while promoting the book discussing Bitcoin’s huge potential benefits to the African-American community, Jack Dorsey, CEO of Twitter who is no stranger to controversies in the media, used the fanbase of his Twitter platform for this cause.

Google's Parent Company May Utilize Blockchain to Revamp its Existing Products

Google's Parent Company May Utilize Blockchain to Revamp its Existing Products

Alphabet Inc, the parent company of search engine giant Google, is not ready to play the second fiddle when it comes to blockchain technology, marked by the company’s in-depth research into the emerging tech.

Blockchain and IoT: Transforming Hong Kong into a Smart City

Blockchain and IoT: Transforming Hong Kong into a Smart City

Blockchain and IoT: Transforming Hong Kong into a Smart City

Estee Lauder Uses Blockchain Technology to Further Beauty Solutions

Estee Lauder Uses Blockchain Technology to Further Beauty Solutions

Estée Lauder Companies (ELC) has established a blockchain platform to meet sourcing standards for its Madagascan vanilla.

Why Google Chrome Is Losing Market Share to Cryptocurrency-Powered Brave Browser

Why Google Chrome Is Losing Market Share to Cryptocurrency-Powered Brave Browser

Google Chrome is losing some of its customers to the new Brave browser primarily because of the latter's privacy by default model and BAT token incentive.

World Economic Forum Views Cryptocurrency as Pivotal Tool for Financial Inclusion

World Economic Forum Views Cryptocurrency as Pivotal Tool for Financial Inclusion

The WEF thinks cryptocurrencies can be pivotal in offering financial services to one-third of the world’s adults, approximately 2 billion people, who are unbanked.

Matrixport Launches New Crypto Products with Fixed Income Investment and the Flexi-Term Investment Product

Matrixport Launches New Crypto Products with Fixed Income Investment and the Flexi-Term Investment Product

SINGAPORE - On 18th May 2020, Matrixport will introduce the Fixed Income Investment Product and the Flexi-Term Investment product, where asset security is protected by a risk control mechanism by real crypto assets guaranteed by excess pledge.

TRON Academy Sponsors Princeton Blockchain Club and Partners with TRON Climate Initiative

TRON Academy Sponsors Princeton Blockchain Club and Partners with TRON Climate Initiative

TRON Academy has become the official sponsor of the Princeton Blockchain Club, the premier blockchain-focused student organization at Princeton University, whose goal is to build a vibrant and diverse network for Web3 natives on campus. TRON DAO is thrilled to be engaged with such a prestigious institution and such an innovative club with a kindred focus on educating the next generation of blockchain developers.

Bunzz Raises $4.5M Seed Round to Expand its Smart Contract Hub for DApp Development

Bunzz Raises $4.5M Seed Round to Expand its Smart Contract Hub for DApp Development

Bunzz a web3 development platform for decentralized applications, has completed a $4.5M seed round. Investors included gjmp, DG Daiwa Ventures, Coincheck, and Ceres. Funding will be used to help build out Bunzz’s Smart Contract Hub, which is already used by more than 8,000 dApp developers.

Digihost Plans to Move Mining Rigs from NY to Alabama, Expand Energy to 55 MW in 2023

Digihost Plans to Move Mining Rigs from NY to Alabama, Expand Energy to 55 MW in 2023

U.S.-based crypto miner Digihost Technology Inc. plans to move drilling rigs from New York to Alabama, expanding energy capacity to 55 MW in the second quarter of 2023.

China’s Guangdong Province Orders Fresh Crackdown on Bitcoin Mining

China’s Guangdong Province Orders Fresh Crackdown on Bitcoin Mining

Guangdong regulators have revamped a new mechanism for investigations and confiscations of crypto mining activities.

Genesis Digital Assets Purchases 20,000 Bitcoin Mining Machines from China’s Manufacturer Canaan

Genesis Digital Assets Purchases 20,000 Bitcoin Mining Machines from China’s Manufacturer Canaan

American Bitcoin mining firm Genesis Digital Assets is purchasing additional 20,000 units of bitcoin ASIC miners from China’s Bitcoin mining hardware manufacturer Canaan Creative. The purchase will help Genesis to scale up its mining operations.

Nigeria Takes the Highest Bitcoin Optimism Levels at 60%, Survey Reads

Nigeria Takes the Highest Bitcoin Optimism Levels at 60%, Survey Reads

Since knowledge feeds optimism and participation, Nigeria emerged as the top nation with the highest rates of optimism about Bitcoin’s future at 60%, according to a study by Jack Dorsey-owned Block, Inc.

Global Blockchain Technology Market Expected to Hit $19.9 Billion

Global Blockchain Technology Market Expected to Hit $19.9 Billion

The global blockchain technology market is anticipated to reach $19.9 billion by 2026 from the current $3.4 billion value, according to market research publisher Global Industry Analysts Inc.

Fitch Warns El Salvador’s Bitcoin Adoption Will Hurt Local Insurers’ Credit Ratings

Fitch Warns El Salvador’s Bitcoin Adoption Will Hurt Local Insurers’ Credit Ratings

Fitch Ratings has warned El Salvador that its bitcoin adoption plan poses serious risks to local insurance companies.

CoinSmart Is on the Hunt to Buy Distressed Crypto Assets

CoinSmart Is on the Hunt to Buy Distressed Crypto Assets

The recent market crash is the latest in global financial events that have created unique opportunities for buyers like CoinSmart and FTX wanting to acquire distressed crypto firms at a bargain valuation.

Swiss-based Crypto Firms Selects Tezos for Tokenizing Finance Products

Swiss-based Crypto Firms Selects Tezos for Tokenizing Finance Products

Swiss firms, Crypto Finance Group, InCore Bank, and Inacta have tapped the power of Tezos blockchain to launch tokenized finance products.

China's Meitu Doubles Down on its BTC and ETH Purchases and Invests Another $50 Million

China's Meitu Doubles Down on its BTC and ETH Purchases and Invests Another $50 Million

Meitu has scooped up an additional $50M of crypto, with Ether allocation surpassing Bitcoin's.

Paxful to Boost Financial Inclusion with Its First Crypto Debit Card

Paxful to Boost Financial Inclusion with Its First Crypto Debit Card

Bitcoin trading platform Paxful announced that it will be adding a crypto debit card to its financial services.

1inch Network Raises $175M in Private Token Sale, Building DeFi Products for Institutional Investors

1inch Network Raises $175M in Private Token Sale, Building DeFi Products for Institutional Investors

1inch Network, a renowned decentralized exchange aggregator, announced it had completed its Series B funding round, where it raised the sum of $175 million.

Why Regulated Banks Have Greater Potential For Financial Crime Than Bitcoin and Crypto

Why Regulated Banks Have Greater Potential For Financial Crime Than Bitcoin and Crypto

While agencies focus their attention on transparent Bitcoin transactions, banks have had an official free pass disclaimer to facilitate money laundering the entire time.

Japan’s Coincheck to List on Nasdaq via SPAC Merger with $1.25 Billion Valuation

Japan’s Coincheck to List on Nasdaq via SPAC Merger with $1.25 Billion Valuation

Japan's Coincheck wants to become a publicly-traded company in the US.

Nobel Laureate Prof Banerjee - Applying RCT to Financial Inclusion

Nobel Laureate Prof Banerjee - Applying RCT to Financial Inclusion

Economists have long theorized on and sought to implement initiatives to increase financial inclusion. What are some of the policy initiatives developing countries should adopt to drive financial reform? What effect have initiatives had thus far in facilitating this financial transformation? Prof Banerjee will speak at the Asian Financial Forum on January 14th and explain his team's groundbreaking application of randomized control testing to inclusive finance.

Bitcoin Can’t Drive Financial Inclusion for Unbanked But CBDC Can says Mastercard CEO

Bitcoin Can’t Drive Financial Inclusion for Unbanked But CBDC Can says Mastercard CEO

Ajay Banga, the CEO of Mastercard believes Bitcoin is unable to function as an inclusive currency for the world’s unbanked due to volatility, CBDCs are a different story.

Mastercard Tapped to Issue Prepaid Cards Linked to Bahamas’ Central Bank Digital Currency

Mastercard Tapped to Issue Prepaid Cards Linked to Bahamas’ Central Bank Digital Currency

Mastercard has partnered with the Central Bank of The Bahamas and Island Pay to issue prepaid cards that would allow people of Bahamas to instantly convert the Bahamas’ CBDC to cash during purchases.

The Bahamas Becomes First Country to Launch its CBDC, the ‘Sand Dollar’

The Bahamas Becomes First Country to Launch its CBDC, the ‘Sand Dollar’

The Bahamas has launched the Sand Dollar, making it the first country in the world to officially release a central bank digital currency (CBDC) beyond the testing phase.

CoinCodex and CoinGecko Break CoinMarketCap's Monopoly on Cryptocurrency Rankings and Price Tracking

CoinCodex and CoinGecko Break CoinMarketCap's Monopoly on Cryptocurrency Rankings and Price Tracking

Since the release of Bitcoin in 2009, the cryptocurrency industry has continued to evolve to the extent that major banks like JP Morgan Chase have started supporting crypto businesses. This trend has created avenues for various cryptocurrency comparison sites that list prices, market cap, trading volume, and coins in real-time. Nevertheless, this field is no longer a one-stop shop because CoinGecko and CoinCodex have come up, and they are giving CoinMarketCap a run for its money.

Digital Currency and the Financial Inclusion Drive: The Journey So Far

Digital Currency and the Financial Inclusion Drive: The Journey So Far

With the digital currency ecosystem running toe-to-toe with traditional finance, here is a brief look into the journey thus far on the industry's financial inclusion drive.

DTube

DTube

What is DTube? What are the differences between DTube and YouTube? Learn Dtube by comparing it with YouTube.

Everything You Need to Know about 1inch

Everything You Need to Know about 1inch

1inch is a Decentralized Exchange (DEX) aggregator built on Ethereum. It is a type of liquidity protocol specialized in providing customers with the most favourable and most convenient transaction route by automatically aggregating offers from other decentralized exchanges.

Bridging the Accessibility Divide in AI: New Study Insights

Bridging the Accessibility Divide in AI: New Study Insights

New study highlights the need for inclusive design in AI-powered information systems, vital for users with low literacy.

Can CBDC Drive Financial Inclusion?

Can CBDC Drive Financial Inclusion?

There are still 1.7 billion unbanked in the world. What are the reasons behind such a significant number of unbanked? Can CBDC drive their financial inclusion?

Tokenize the Future: What Tokenization Means For Financial Access

Tokenize the Future: What Tokenization Means For Financial Access

Thanks to advances in financial and blockchain technology, any tradeable asset can be digitally represented as a token and issued onto a blockchain creating greater access.

Could Blockchain Increase Diversity in the Way Films are Nominated for the Academy Awards?

Could Blockchain Increase Diversity in the Way Films are Nominated for the Academy Awards?

The film awards season has finally passed for the year and a look back over the last few weeks, unfortunately, uncovers lingering problems with diversity among the nominations for both the BAFTAs and the Academy Awards (Oscars). Could blockchain provide a solution?

What Does the Japanese FinTech Landscape Look Like?

What Does the Japanese FinTech Landscape Look Like?

Tokyo, the capital of Japan has been ranked as one of the top 12 FinTech hubs in the world by Deloitte’s A tale of 44 cities: Connecting Global FinTech: Interim Hub Review 2017. The Tokyo Metropolitan Government (TMG) created policy outlines to form the city with the vision of an unrivaled global financial center.

Bahamas Looks to Deploy its CBDC The Sand Dollar Across Borders

Bahamas Looks to Deploy its CBDC The Sand Dollar Across Borders

The Central Bank of the Bahamas (CBOB) has says it wants its digital currency dubbed the Sand Dollars integrated with other countries' currency.

Oxford City Football Club Partners with CoinCorner to Accept Bitcoin Payment

Oxford City Football Club Partners with CoinCorner to Accept Bitcoin Payment

Oxford City Football Club (OCFC), one of the world's most successful and coveted football clubs, has partnered with Isle of Man-based bitcoin company CoinCorner to offer bitcoin payments.

Square Inc. Considers Rolling Out New Bitcoin Hardware Wallet

Square Inc. Considers Rolling Out New Bitcoin Hardware Wallet

Jack Dorsey, the CEO of Square payment firm, has announced that the company is developing a new hardware Bitcoin wallet to give users greater control over their funds.

Human Rights Foundation Chief Strategy Officer: Bitcoin Saves Lives, Increases Freedom and Gives Hope

Human Rights Foundation Chief Strategy Officer: Bitcoin Saves Lives, Increases Freedom and Gives Hope

Alex Gladstein, the CSO of the Human Rights Foundation blasted a reporter who called Bitcoin the “perfect Ponzi”, explaining that BTC crypto creates freedom and gives hope.

Indonesia Set to Impose Income Tax on Crypto Assets from May

Indonesia Set to Impose Income Tax on Crypto Assets from May

Indonesia has announced that it will introduce taxes on crypto assets as part of efforts to generate tax revenue from the rising digital asset trading activities in the country.

South Korea Plans to Postpone Cryptocurrency Tax Rule to January 2022

South Korea Plans to Postpone Cryptocurrency Tax Rule to January 2022

South Korea is planning to delay the implementation of its crypto income tax rules to January 2022, extending it from its previous time frame of October 2021.

Ripple Outpaced Other Blockchain Companies on Inc's List of Fastest-Growing US Companies

Ripple Outpaced Other Blockchain Companies on Inc's List of Fastest-Growing US Companies

Ripple has outpaced other indigenous blockchain companies on a recently published list of 5000 fastest-growing private companies in the United States.

Three Altcoins To Watch This Week: 1INCH, ADA, and CAKE

Three Altcoins To Watch This Week: 1INCH, ADA, and CAKE

As the market prepares for a new week with unpredictable twists, 1INCH, Cardano and PancakeSwap are worth watching.

PIMCO Begins to Step into the Field of Crypto amid the Fad of Bitcoin

PIMCO Begins to Step into the Field of Crypto amid the Fad of Bitcoin

A Fix-income investment management giant PIMCO began to get involved in the cryptocurrency field and gradually increased the amount of investment.

Bitcoin Mining Firm Marathon Digital Posts 91% Growth in Q3, Gets $100M Credit Line from Silvergate Bank

Bitcoin Mining Firm Marathon Digital Posts 91% Growth in Q3, Gets $100M Credit Line from Silvergate Bank

Marathon Digital Holdings Inc announced its financial results for the third quarter, indicating that the crypto mining firm recorded a 91% growth in revenues in Q3 compared to Q2.

Meta to Shut Down Novi Crypto Wallet in September

Meta to Shut Down Novi Crypto Wallet in September

Although Meta Inc said it will end the Novi digital Wallet, the firm plans to continue executing its existing fintech goals to boost greater financial inclusion as it looks ahead to the metaverse.

DeFi Technologies Inc's Subsidiary Valour Owns over $274m in AUM

DeFi Technologies Inc's Subsidiary Valour Owns over $274m in AUM

DeFi Technologies Inc announced Wednesday that its subsidiary Valour records $274 million in assets under management (AUM).

Meta Cuts 11,000 Jobs to Focus on Core Areas Including the Metaverse

Meta Cuts 11,000 Jobs to Focus on Core Areas Including the Metaverse

Meta Platforms has cut 11,000 jobs but is still committed to its metaverse pursuits

KuCoin Pairs with DeFi Data Aggregator 1inch for Implementing Native Swap Function

KuCoin Pairs with DeFi Data Aggregator 1inch for Implementing Native Swap Function

The Seychelles-based crypto exchange KuCoin has announced a partnership with 1inch DeFi data aggregator to bring native token swap functionality to its in-house wallet.

AMC to Accept Crypto alongside Bitcoin at Movie Theaters before the End of This Year

AMC to Accept Crypto alongside Bitcoin at Movie Theaters before the End of This Year

AMC Entertainment Holdings Inc has disclosed that it will accept a variety of cryptocurrencies as payment for tickets and concession payments at all US theatres by the end of the year.

Sandbox Launches Metaverse Accelerator Program, Offering $50M for 100 Startups

Sandbox Launches Metaverse Accelerator Program, Offering $50M for 100 Startups

Virtual Metaverse gaming platform Sandbox has launched the Metaverse accelerator program, which will provide 100 startups with $50 million in start-up capital to promote the development of the Metaverse.

KKR Tokenizing Part of its Private Equity Fund on Avalanche Blockchain

KKR Tokenizing Part of its Private Equity Fund on Avalanche Blockchain

KKR plans to tokenize part of its second Health Care Strategic Growth Fund to expand individual investors’ access to private investment vehicles.

ConsenSys Sued For IP Theft by Blockchain Startup from its Own Incubator

ConsenSys Sued For IP Theft by Blockchain Startup from its Own Incubator

BlockCrushr, a Canadian blockchain firm has accused ConsenSys of stealing its intellectual property after it took part in a ConsenSys’ startup accelerator program.

Coin Center Files Lawsuit against Treasury over Tornado Cash Sanctions

Coin Center Files Lawsuit against Treasury over Tornado Cash Sanctions

Backing a second lawsuit, Coin Center sues the Treasury Department and the Office of Foreign Asset Control (OFAC) over its sanctions on the Ethereum mixer, Tornado Cash.

Google Privacy Lawsuit: Google Chrome Incognito Records and Shares Private User Data

Google Privacy Lawsuit: Google Chrome Incognito Records and Shares Private User Data

Google is being sued in a class-action lawsuit, filed on June 2, for the invasion of privacy and sharing users' data, even when they are browsing in private mode.

Mastercard and GrainChain Bring Blockchain Provenance to Commodity Supply Chain in Americas

Mastercard and GrainChain Bring Blockchain Provenance to Commodity Supply Chain in Americas

Mastercard has announced a partnership with GrainChain, a blockchain-based supply chain management firm to enhance the commodity supply chain in the Americas

Top Brazilian Investment Broker to Roll Out Crypto Trading Services in August

Top Brazilian Investment Broker to Roll Out Crypto Trading Services in August

XP Inc., a leading Brazilian investment brokerage firm, plans to establish a crypto trading platform by mid-August, offering Bitcoin and Ethereum trading at the early stage.

CoinCorner Partners with Al Maktoum Family Office to Offer BTC Trading in UAE

CoinCorner Partners with Al Maktoum Family Office to Offer BTC Trading in UAE

CoinCorner has inked a strategic partnership with the Seed Group to offer residents of the United Arab Emirates an avenue to transact in digital currencies.

Japan’s Crypto Exchange Coincheck to List on NASDAQ Stock Market in July 2023

Japan’s Crypto Exchange Coincheck to List on NASDAQ Stock Market in July 2023

Coincheck wants to list its shares on the Nasdaq through a merger with a SPAC company.

Toronto-Based Valour Inc to Launch Bitcoin ETP Börse Frankfurt

Toronto-Based Valour Inc to Launch Bitcoin ETP Börse Frankfurt

Toronto-based technology company Valour Inc. has announced its intention to launch Carbon Neutral Bitcoin Exchange Traded Product (ETP), on Börse Frankfurt, the largest stock exchange in Germany

Chicago-Based Exchange Cboe to Work on Crypto Offerings as Demand Continues to Rise

Chicago-Based Exchange Cboe to Work on Crypto Offerings as Demand Continues to Rise

Cboe Global Markets Inc., a Chicago-based exchange that provides trading and investment solutions, is ready to get back to the crypto space after previous failed attempts.

Mastercard Enhances Crypto Wallet and Exchange Business

Mastercard Enhances Crypto Wallet and Exchange Business

Payment giant Mastercard announced Tuesday to enhance its function and experiment for cryptocurrency wallets and exchanges to their clients. The card issuer cooperates with multiple crypto enterprises to convert crypto and traditional fiat money more accessible.

FUSANG Exchange Announces CCB $3 Billion Digital Bond Listing Suspended

FUSANG Exchange Announces CCB $3 Billion Digital Bond Listing Suspended

FUSANG exchange announced that the listing of the $3 billion digital bond backed by China Construction Bank has been suspended.

FUSANG Exchange Lists First Publicly Available Blockchain-Based Digital Bond Backed by CCB

FUSANG Exchange Lists First Publicly Available Blockchain-Based Digital Bond Backed by CCB

Asia’s first digital security exchange FUSANG is partnering with heavy weight China Construction Bank (CCB) to offer the first ever digital, tokenized, blockchain-based bond.

Crypto Needs a Balanced Approach for an Enhanced Global Outreach, PayBito CEO Says

Crypto Needs a Balanced Approach for an Enhanced Global Outreach, PayBito CEO Says

For crypto’s full potential to be harnessed, striking a balance between divergent patterns and enhancing diversity at all levels is needed, according to Raj Chowdhury, the CEO of crypto trading platform PayBito.

Crypto & the FATF Travel Rule: FinCEN Suggests Challenges in Governance, Not Technology

Crypto & the FATF Travel Rule: FinCEN Suggests Challenges in Governance, Not Technology

The Financial Action Task Force (FATF) Travel Rule has been in the center of attention lately, which concerns crypto transactions above a certain amount must be accompanied by identifying information.The rule is an update to the existing FATF Recommendation 16, regarding cross-border and domestic wire transfers, and is intended to address the anti-money laundering (AML) and counter-terrorist financing (CFT) challenges as crypto adoption increases. The FATF Travel Rule could mean implications for virtual asset service providers (VASPs), including cryptocurrency exchanges, wallet providers, and custodians.

Cardano Working With SA Blockchain Alliance to Free African Enterprise from Politically Entrenched Legacy Banking Systems

Cardano Working With SA Blockchain Alliance to Free African Enterprise from Politically Entrenched Legacy Banking Systems

The Cardano Foundation has partnered with the South African National Blockchain Alliance (SANBA) in a bid to expand blockchain adoption and bring financial inclusion to the country of 59 million.

French Finance Minister Praises Blockchain, but Condemns Cryptocurrency

French Finance Minister Praises Blockchain, but Condemns Cryptocurrency

French Finance Minister Bruno Le Maire has once again made his stance on crypto clear – he is critical of it and does not support it.

UK Media Mogul Calls DeFi a Revolution Against Corrupt Global Banking System

UK Media Mogul Calls DeFi a Revolution Against Corrupt Global Banking System

Alexander Lebedev, the billionaire UK media mogul and former banker has endorsed the revolutionary power of DeFi against a corrupt global banking system.

How Are Uniswap’s UNI Governance Tokens Taxed?

How Are Uniswap’s UNI Governance Tokens Taxed?

Uniswap the popular decentralized exchange recently awarded members its UNI tokens. But what do holders need to know about paying tax on UNI governance tokens?

PARSIQ Integrates Chainlink Oracle Price Feeds to Trigger Off-Chain Actions and Trading Decisions

PARSIQ Integrates Chainlink Oracle Price Feeds to Trigger Off-Chain Actions and Trading Decisions

Blockchain monitoring and automation platform PARSIQ has integrated Chainlink price oracles to trigger off-chain actions and trading decisions.

Singapore to Charge Income Tax on NFT Trading, says FM Lawrence Wong

Singapore to Charge Income Tax on NFT Trading, says FM Lawrence Wong

In Asia, Singapore extends tax charging on NFT transactions, local media reports.

Metaverse Developer Epic Games Claims Won't Ban NFTs like Minecraft

Metaverse Developer Epic Games Claims Won't Ban NFTs like Minecraft

Epic Games, Inc., the creator of Metaverse battle royale game Fortnite, says it won't ban NFTs like Minecraft.

Apple's New Guidelines Permit NFTs But There's a Caveat

Apple's New Guidelines Permit NFTs But There's a Caveat

Apple Says developers can now add NFT functionalities on Apps, but it leaves a wide caveat in its updated guideline

Apple to Permit Developers to Host NFT-Based Apps on App Store

Apple to Permit Developers to Host NFT-Based Apps on App Store

American multinational tech giant Apple Inc is coming to terms and is billed to allow Web3.0 startups to sell their Non-Fungible Tokens (NFT) through its App Store.

Square Inc. Launches Alliance for Crypto and Blockchain Companies to Fight Patent Trolls

Square Inc. Launches Alliance for Crypto and Blockchain Companies to Fight Patent Trolls

Square has announced that it has successfully launched COPA to empower blockchain and crypto companies and to protect them from patent hoarding trolls.

Tesla Inc Purchases $1.5 Billion in Bitcoin and Plans to Begin Accepting BTC Payments

Tesla Inc Purchases $1.5 Billion in Bitcoin and Plans to Begin Accepting BTC Payments

As per the US SEC filing announced on Monday, February 8, Tesla has invested $1.5 billion into Bitcoin and intends to accept the crypto payments.

Canadian Dollar Stablecoin QCAD Launched for Mass Market

Canadian Dollar Stablecoin QCAD Launched for Mass Market

Canada Stablecorp Inc. has launched a new regulated Canadian Dollar stablecoin called “QCAD”.

PayPal Officially Confirms that It is Acquiring Crypto Custody Firm Curv

PayPal Officially Confirms that It is Acquiring Crypto Custody Firm Curv

PayPal Inc. has officially confirmed its plans to acquire the crypto startup company Curv.

World's Second Largest Bitcoin Mining Company Raises $90M in US IPO

World's Second Largest Bitcoin Mining Company Raises $90M in US IPO

The world’s second-largest bitcoin mining equipment producer, Canaan Inc. raised $90 million during its initial public offering (IPO).

Venture Capital Company Benchmark to Pump $50 Million into Ethereum-Based Fantasy Football Platform Sorare

Venture Capital Company Benchmark to Pump $50 Million into Ethereum-Based Fantasy Football Platform Sorare

Benchmark, a venture capital company that earlier backed Ebay Inc., Twitter Inc., and Uber Technologies, plans to invest a whopping $50 million into Ethereum-powered fantasy football platform Sorare.

Nasdaq-Listed Riot Blockchain Posts a Profitable Third Quarter

Nasdaq-Listed Riot Blockchain Posts a Profitable Third Quarter

Riot Blockchain Inc, one of the few blockchain companies to be listed on the Nasdaq has posted yet a profitable third quarter performance.

Square Wants Less Technical User-Friendly Cryptocurrency Wallets

Square Wants Less Technical User-Friendly Cryptocurrency Wallets

Square Crypto, the cryptocurrency arm of the online payment service provider Square Inc is set to fund the development of crypto wallets with enhanced UX.

MicroStrategy Adds Additional 2574 Bitcoins To its BTC Portfolio for $50 Million

MicroStrategy Adds Additional 2574 Bitcoins To its BTC Portfolio for $50 Million

Nasdaq-listed MicroStrategy Inc has made another move to shore up its Bitcoin portfolio by purchasing an additional 2574 BTC for $50million.

Ripple is Determined to be Carbon Neutral by 2030

Ripple is Determined to be Carbon Neutral by 2030

Ripple Labs Inc, the blockchain company behind the Ripple (XRP) coin has declared its intentions to eliminate all of its carbon footprint by 2030.

Crypto.com Leverages Amazon's AWS Cloud To Enhance Scalability and Security

Crypto.com Leverages Amazon's AWS Cloud To Enhance Scalability and Security

Crypto.com will now leverage Amazon Web Services, Inc (AWS) cloud provider to provide enhanced scalability and security for its 5 million users,

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